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Long term arena building and revenue

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272768.31 in reply to 272768.30
Date: 8/22/2015 10:47:03 AM
Overall Posts Rated:
370370
I know that. If you're selling twelve seats at $10 dollars or sell six seats at $20, which way are you making more money? Answer: neither, it nets you not a penny more and you're still suffering the effects of overbuilding your stadium, either by having empty seats or low ticket prices to try to fill the overbuilt stadium.

This Post:
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272768.33 in reply to 272768.31
Date: 8/22/2015 12:38:21 PM
Arizona Desert Storm
III.1
Overall Posts Rated:
11251125
I know that. If you're selling twelve seats at $10 dollars or sell six seats at $20, which way are you making more money? Answer: neither, it nets you not a penny more and you're still suffering the effects of overbuilding your stadium, either by having empty seats or low ticket prices to try to fill the overbuilt stadium.


The wonderful thing about BuzzerBeater is that there is more than one way to do things, and be successful. Not just one cookie cutter approach that all need to do, that would result in a boring game.

That being said, you are absolutely free to do things however you want with your team; but please stop giving advice to others....impressionable new players might actually listen to you and then regret it later.

This Post:
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272768.34 in reply to 272768.33
Date: 8/22/2015 1:09:26 PM
Overall Posts Rated:
370370
Indeed! "Impressionable new players" wouldn't stop overbuilding their arenas, wouldn't compete more strongly and threaten the status quo. Save the status quo, it is working for veterans, eh? Smart new players will scrutinize the conventional "wisdom," see that it leads to too much of their money not working for them, understand the opportunity cost that represents, and stop overbuilding their arenas ... and thus compete better than ever. Overall, that will be good for the game even if it means additional competition for the veterans around here.

This Post:
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272768.35 in reply to 272768.34
Date: 8/22/2015 1:24:20 PM
Arizona Desert Storm
III.1
Overall Posts Rated:
11251125
Seriously? You won't let up lol

All I need to do is look at your Teams History, and your Arena to realize you lost this argument before it started. You have been to D3, with a DIV size Arena....Your foolish actions have preceded your foolish statements.

Argument over.

This Post:
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272768.36 in reply to 272768.35
Date: 8/22/2015 2:17:01 PM
Overall Posts Rated:
370370
It is interesting that you cite our move to D3. Our arena was built mainly during the course of our last season in DIV and our 10-12 season in D3. Actually, it was overbuilt, with plenty of empty seats resulting. Since that is the case, I would think my arena and its empty seats would be the last thing someone would cite as a good reason to overbuild your arena.

We didn't have the horses to compete in D3, though. We believed the standard line that there are many ways to win, including judicious use of the Transfer List, but it the BB's are busily trashing the TL by rampant inflation, just so that training can get ever larger $ rewards. Since we aren't fans of the illogical training system in place but it is still better than trying to use the TL in its current state, we chose to stay in DIV where we could win while maybe training up some youngsters.

Jason, we have followed the "conventional wisdom" about building your arena as early and as fast and as far as you can, and we have seen what all those empty seats are good for. We hope newbies look with a jaundiced eye at that particular "conventional wisdom."

This Post:
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272768.37 in reply to 272768.32
Date: 8/22/2015 2:24:21 PM
Overall Posts Rated:
370370
You don't need to invent arguments that I did not say. I am saying that the conventional advice given to newbies, that they should build their arena as soon and as fast and as far as they can, ignores the opportunity cost of that (bad) advice. It is as simple as that. If they have better things to do with their money they should put it to work buying trainers and buying/training players. Empty seats not only do not yield any revenue, they represent money that could have been spent on something a whole lot better than empty seats. The opportunity cost of empty seats can be enormous.

Newbies, throw money into empty seats ONLY when you don't have something better to spend it on. Make your money work for you. Don't let it sit idle. (Even if your competition likes to see you throw it into empty seats).

BTW
I don't know where your empty seats theory cones from.
It isn't rocket surgery. Revenue from empty seats anywhere in the arena = zero.

Last edited by Mike Franks at 8/22/2015 2:28:11 PM

This Post:
00
272768.39 in reply to 272768.38
Date: 8/22/2015 2:34:04 PM
Overall Posts Rated:
370370
Steve, I give that a +1. Thank you.

This Post:
44
272768.41 in reply to 272768.31
Date: 8/23/2015 1:54:40 PM
Overall Posts Rated:
596596
I know that. If you're selling twelve seats at $10 dollars or sell six seats at $20, which way are you making more money? Answer: neither, it nets you not a penny more and you're still suffering the effects of overbuilding your stadium, either by having empty seats or low ticket prices to try to fill the overbuilt stadium.


That makes sense if that were the case, but all other things being equal, seat pricing has an elasticity lower than -1, so when you lower ticket prices, by a certain percentage, the volume of tickets sold increases by a higher percentage.
Of course, once you hit rock bottom on ticket price, and have strong fan survey results, and STILL have empty seats, it is at that point that you are really only building seats for a future promotion (or playoffs, as they draw larger crowds than regular season).

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